White Flight
Zohran Mamdani is the Democrat victor in the election for mayor of New York City. He is openly ran on taxing white people. He is an immigrant who only became a citizen in 2018. He is the poster child for White Flight and open borders.
White Flight is a term that describes white people leaving cities for the suburbs, particularly in response to higher taxes and crime often associated with black and brown people moving into the cities.
Segregating the American races was standard practice before the 1960’s. Integration was the practice of combining black and white schools into one school, and eliminating laws that mandated segregation in daily life. It coincided with the rebirth of the drug war in 1971, when the police would focus on arresting black people for selling drugs.
Combine that with the fact that many leftists said that they should raise taxes on the rich (i.e. white people) to pay for votes from the poor (i.e. black/brown people), and many white people chose to leave the cities for the low taxes and safety of the suburbs.
The drug war and progressively increasing taxes and regulations created the ghettos that dot the country generations later, like Jackson, Mississippi- and soon New York City.
Mamdani is an immigrant who openly wants black and brown foreigners to move to America and live at the expense of white Americans.
Per his campaign’s website, he says that he wants to,[1]
“Shift the tax burden from overtaxed homeowners in the outer boroughs to more expensive homes in richer and whiter neighborhoods: The property tax system is unbalanced because assessment levels are artificially capped, so homeowners in expensive neighborhoods pay less than their fair share. The Mayor can fix this by pushing class assessment percentages down for everyone and adjusting rates up, effectively lowering tax payments for homeowners in neighborhoods like Jamaica and Brownsville while raising the amount paid in the most expensive Brooklyn brownstones.”
Mamdani won’t save NYC, but he is doing great things for Florida real estate values. So many rich people from New York have already fled over the years- and especially since the lockdowns- to the South, that the Miami area of South Florida is referred to as Wall Street South. Nashville looks totally different every year, because of all of the growth. Mississippi manufactures automobiles now.
Indeed, in a speech given to the Treasury Market Conference in New York City today, US Treasury Secretary Scott Bessent said,[2]
“We are gathered this morning in New York’s Financial District, historically the beating heart of global capital. A few blocks south of here is the New York Stock Exchange. While today’s venue is Wall Street—or maybe in a few years, Y'all Street in Dallas—my main audience is, and always will be, Main Street.”
You can’t tax the rich if they leave.
[1]https://drive.google.com/file/d/1iGn9ws9Ds0x_3kkB1tdM2pxLlbkPtT0k/view
